On-Chain Inscription Market Guide: A Complete Breakdown of 20 Inscription Protocols and 30 Inscription Markets
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On-Chain Inscription Market Guide: A Complete Breakdown of 20 Inscription Protocols and 30 Inscription Markets
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Navigating Web3 tides with focused insightsAuthor: dt, DODO Research
The term "inscriptions" has undoubtedly been the most frequently heard phrase in the crypto space over the past two months. Starting from BTC, it has gradually spread to various blockchains—almost every chain now undergoes an inscription stress test. Only those chains that remain operational after being bombarded with inscription transactions prove themselves reliable. But after all these dazzling inscriptions are minted, aside from off-exchange trading groups, where exactly can they be traded?
This week, Dr. DODO compiles a comprehensive list of inscription markets across multiple blockchains, offering you a full overview of the on-chain inscription landscape!
BTC Ecosystem
Ordinals NFT
Ordinals NFT is the earliest product based on the inscription concept and currently enjoys support from numerous on-chain marketplaces.
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OKX NFT Market: okx.com/hk/web3/marketplace/ordinals/btcnft
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Unisat: unisat.io/market/collection
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MagicEden: magiceden.io/
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Ordinals Wallet: ordinalswallet.com
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idclub: idclub.io/home
BRC20
BRC20 is currently the most popular inscription standard, supporting not only orderbook trading but also seeing several teams developing BRC20 token swap platforms.
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OKX BRC20 Market:
okx.com/hk/web3/marketplace/ordinals/brc20
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Unisat: unisat.io/market
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idclub: idclub.io/home
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Ordinals Wallet: ordinalswallet.com/
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Dotswap Swap: dotwallet.com/swap
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Unisat Swap: https://unisat.io/swap (Not fully open yet; available only to users with specific points, requires $SATS as Gas Fee)
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Alex Lab: app.alexlab.co/swap (Cross-chain trading on Stacks, BTC Layer-2 chain; requires $STX as Gas Fee)
Atomical
The Atomical protocol supports not only the ARC20 token standard but also Realm (which can be simply understood as a domain name system) and NFTs.
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Official Market: http://atomicalmarket.com
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Satsx: http://satsx.io
BTC Stamps SRC20
The Stamp protocol, proposed by developer mikeinspace, implements BTC Stamps by embedding base64-encoded image data into transaction outputs on the Bitcoin blockchain, simplifying data storage compared to BRC20.
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Openstamp: https://openstamp.io/market
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Stampscan: http://stampscan.xyz
NostrAsset
NostrAssets is an open-source decentralized protocol designed to seamlessly integrate Taproot Assets—launched by the Lightning Network, a Bitcoin Layer-2 protocol—into the Nostr ecosystem.
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Official Market:
https://mainnet.nostrassets.com/#/marketplace/listing
CBRC20
CBRC20 is a BTC token protocol launched by the cybord.org team, aiming to simplify BRC20's data storage method and reduce spam on the Bitcoin chain.
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Ordinalnovus: https://ordinalnovus.com/
ORC20
ORC20 is another improvement upon the BRC20 protocol, previously featured by Binance Academy. It aims for compatibility with BRC20 while enhancing adaptability, scalability, security, and eliminating the possibility of double-spend transactions.
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XRCSWAP:
https://preview.xrcswap.org/marketplace?orc-20
PIPE
The PIPE protocol, developed by the Trac team, draws inspiration from RUNE—the latest BTC token standard conceptualized by Ordinals developer Casey—and serves as a token and NFT standard.
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Satsx:
https://satsx.io/marketplace/pipe/dmt
TAP Protocol
Also developed by the Trac team, the TAP protocol emphasizes simplicity and accessibility, aiming to bring programmability to the BTC ecosystem and enable more complex DeFi applications. It recently raised $4.2 million in funding led by Sora Ventures.
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Ordinals Wallet: ordinalswallet.com/
BRC420
According to its development team Recursiverse, BRC420 is positioned as the first metaverse protocol within Ordinals, enabling inscription assets to function across engines, games, and blockchains.
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Official Market: http://brc420.io
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idclub: https://idclub.io/home
BRC100
Developed by Mikael.btc, the BRC100 protocol aims to enhance the BRC20 token standard to support the development of complex and diverse applications, bringing DeFi capabilities to the BTC token ecosystem.
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Official Market: inBRC http://inbrc.org
EVM Chain Inscription Ecosystem
Ethscription
The Ethereum inscription protocol pays homage to the BTC Ordinals protocol, allowing image engraving and issuance of ETHS-standard tokens on Ethereum via Calldata. It also introduces the Ethscriptions Virtual Machine (Facet VM) and Facet—a platform that avoids smart contracts by using calldata to write "DumbContract"—aiming to build a decentralized, low-cost trading platform on Ethereum.
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ETCH Market: http://etch.market
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Facetswap: https://facetswap.com/
IERC20
Another Ethereum inscription protocol featuring an innovative POW Mint mining model.
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Official Market: http://ierc20.com
Solana Inscriptions
Solana's inscription system writes JSON data into NFTs and allows conversion between SPL20 tokens, enabling trading on NFT marketplaces.
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Tensor:
https://www.tensor.trade/inscriptions
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MagicEden: https://magiceden.io/
Avascriptions
ASC20 inscriptions on the Avalanche chain.
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Official Market: http://avascriptions.com
Polygon Inscriptions
Pols inscriptions on the Polygon chain.
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PolsMarket:
http://fe-pols-market.vercel.app
BNB Inscriptions
BSC20 is currently the leading inscription protocol on the BNB chain.
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EVM link: http://Evm.ink (A cross-chain inscription marketplace, though most active on BSC)
FTM Inscriptions
FTMS features the first inscription system on Fantom that does not require an indexer, instead using smart contract indexing.
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Official Market:
https://ftmsubscription.com/market.html
FRC20
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Official Market: http://frc20.io
Base Inscription
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Official Market: http://base20.live
Cronos CroScription
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Official Market: https://www.croscription.com/
Mantle Manbit
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Official Market: https://manbit.io/
Inscription Ecosystems on Other Blockchains
Cosmos Inscription
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Official Market: http://coss.in
Ton ton-20 Inscription
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Official Market: https://tonano.io/marketplace
Tron TRXI Market
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Official Market: https://trximarkets.com/marketplace
Aptos Inscription
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Bluemove: http://bluemove.net
Doge DRC20
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Unielon: https://unielon.com/drc20
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Dogex: http://dogex.me
Author’s Viewpoint
Please note that inscription trading is extremely volatile, and most inscriptions are merely meme tokens with no intrinsic value—do not FOMO. In my personal opinion, the best way to participate in the inscription trend is during the mint phase to secure early allocations. Recently, major blockchain communities have gradually shifted their views on inscriptions. Many DeFi projects are now launching their own inscriptions, and even blockchain teams publicly welcome them, as inscriptions bring significant traffic and on-chain activity.
This article covers over 20 inscription protocols and more than 30 inscription markets—feel free to bookmark and use!
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